IOTA Scheduled for May 1st-3rdThe idea speaks for itself. You have a pretty clear trend of IOTA breaking out from descending triangles. We know the payout can be huge. For this next run I'm putting a target at 31000 satoshi's. My timeframe is based on IOTA never making it to the corner of the right triangle.
IOTALONG
IOTA - counting elliot wavestomorrow is FUJITSU conference, I am really confused if we are looking for ending 5th wave as bigger wave 1, or this conference invalidates my actual count
if you have better idea by elliot wave rules, share it
I am awaiting higher high on daily RSI for confirmation - around 85
IOTA Ready For a Major Breakout!IOTA setting up for a major breakout. How far away? Only one way to find out, watch and observe the VOLUME. Volume drives price and right now it is staying consistent.. RSI is starting to curl upward with momentum. We have MACD crossing the signal line and Aroon is bullish. We broke through resistance at 18000 and key support at 17000 with the next support at 14000. If we break 14000 then we may see 13500 or lower. If the bulls have hold we can see 20000+. Looking at the chart now and we can see the big cup and handle which took 3 months to complete. An even bigger rounding bottom is forming and we have increasing support.
On the daily 50 MA is below 100 MA. Good thing is the 9 MA is crossing the 50 MA. 12 MA is crossing the 26 MA.
4H Chart is bullish all the way 20 MA is above both 100 and 200 MA
Swing Trading with IOTA
Hello Everyone! Subscribers asked me to do a token analysis of IOTA/USD. And so we have a bullish trend which is not surprising in our case. We have a good signal on short. We are probably either in the 5th wave of growth or in the b wave of correction. But it doesn't make any difference as the place for short is good. It is also possible to enter short on breakdown of the channel. Pay attention to the strong divergence on my oscillator. Levels for fixing at me on the chart. Good luck. Subscribe and like if you want see my daily analysis of tokens as EOSUSD OMGUSD and IOTAUSD.
IOTA has Broken out from Downtrend channel!Hey, this is another Idea on IOTA.
Iota has been long time in a Downtrend channel after the breakout (115 days).
During this time, IOTA has shown us no clear Bullish divergence.
BUT 2 days ago IOTA broke out from the dowrtrend channel and can keep on growing.
Looking at the indicators.
MACD - Yes, the MACD has looked kinda bullish in this downtrend channel and you could still make about 25% each trade with the daily MACD, but it could never hold on the uptrend. This time its different because we have broken the channel and Blue line is steeply headed upwards.
RSI - In short, First time bullish after 4 months.
CCI - Shows high demand.
Hope I made your view on whats going on with IOTA somehow clearer.
If you like this TA let me know in the comments, Likes are aprreciated, Thanks!
If this gets a little bit of attention, I will update.
IOTA= bull will come after one more down!Hello friends,
IOTA in the very tight sideways mode.
And it's moving inside the channel.
but the bull will come very soon.
Now I am looking one more downside,
which will give me the better price for buy.
I want to put buy entry on the bottom line.
If the price will break bottom line I will ignore it.
because the downside is limited.
IOTABTC - awaiting volume - bouncing from the trendlineLike all of the other alts IOTA is also suffering from BTC volatility. I am expecting some movement soon as BTC is getting stabilized a little.
We still need volume to breakout.. maybe couple days or maybe weeks.. but it will pop soon as the product has a good potential.
PS: Accumulation zone!! Take profit at Fibonacci levels.
Please hit "LIKE" to support the idea.
Thanks!
Basics of ICHIMOKU :
There are five calculations used to generate the Ichimoku Cloud:
Tenkan-sen = (9-day high + 9-day low) / 2
Kijun-sen = (26-day high + 26-day low) / 2
Senkou Span A = (Tenkan-sen + Kijun-sen) / 2
Senkou Span B = (52-day high + 52-day low) / 2
Chikou Span = Close plotted 26-days in the past.
Read more: Ichimoku Cloud www.investopedia.com
IOTA Indicators Bearish Short Term (HIGH RISK)This is a HIGH RISK trade for short term and medium term traders if you enter today.
Indicators starting with MACD and ending with Moving Average are all bearish and we personally will be watching from sidelines until we see positive movement.
Great alternative investments are available currently.
Do not invest what you can't afford to lose. We are not your financial advisors.
Quantamize Machine Learning Crypto Signal Iota 3/9Quantamize proprietary Machine Learning algorithms have generated a 3-day "Buy" signal for Iota as of 3/9.
We will be updating and producing more signals today and posting performance as well - stay tuned!
Quantamize's machine learning algorithms produce signals on over 25+ cryptocurrencies with accuracy rates above 60%.
Any updates to this 3-Day forecast will be shared, as signals are re-run daily.
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IOTA - Possible Breakout?Looks like IOTA is reaching the apex of a right triangle, and may break into an upward trend for a bit. This is all based on what happens with BTC over the next 24 hours, as BTC is still currently the driving force in the market. Until it stops pumping, alts will continue to suffer. Although, this upward 1-5 EW could happen to a lesser degree without any sideways movement of BTC just based purely on the amount of sellers being depleted at the local price levels. Will update in 24 hours if anything changes drastically.
IOTA MegaphoneI would like to offer you my comprehensive view on IOTA:
Starting with fundamental analysis:
The main innovation behind IOTA is the Tangle, a revolutionary new blockless distributed ledger which is scalable, lightweight and for the first time ever makes it possible to transfer value without any fees. Currently it is in Beta, not trading on many exchanges yet and not having a proper wallet (Trinity wallet released soon).
IOTA's lofty stated aim is to serve as the backbone for the Internet-of-Things (IoT). If this is accomplished on a wide scale IOTA will be a major player for a long time to come.
Expected upcoming events/Announcements coming in Q1:
1. Trinity - a fool-proof wallet release
2. Announcing some of the partnerships for the AV testbeds
3. Mystical Q project
4. More exhanges (Omoku.io, etc)
Technical Analysis:
1. We have a breakout from the falling wedge (purple) and it has nicely tested its previous resistance line (bullish signal)
2. We have a breakout from the descending triangle (orange) and it has nicely tested its previous resistance line yesterday (bullish signal)
3. We are currently trading the ascending triangle (green). Breakout north from the triangle will confirm a bullish trend. This zone will be good for going long (above 2.33 $)
4. Treading the broadening megaphone formation gives as a nice target of 8.5 $ with the Risk/Reward Ratio 1:4
5. Daily and Weekly StochRSI on the bottom turning upwards
6. Bullish divergence on StochRSI
7. BTC has unfortunately a huge impact on all the altcoins so watch BTC price as well
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***** This is not a trading advice. Please invest responsibly *****
Short tf (4hr tf) analysis of IOTA..bull move The downtrend line in IOTA that started from price high of $5.80 made on Dec. 19, 2017 to a price low of $1.20 (Feb. 6 2018) is shown on the chart. Currently, price action has successfully broken the downtrend line and managed to stay above it. This argues for a bullish bias in IOTA.
Besides, I have also used a curve on the chart to show the bottom action of price in IOTA. It currently also looks like IOTA is forming an inverted, complex Head and shoulder pattern (or a complex Head and shoulder bottom).It is NOT yet a complex inverted H&S pattern yet. Price MUST close above the pink line (~$2.17) for the inverted complex H&S to be confirmed.
Possible target area for the trade is shown between $4.02 and $4.23. A quick deep in price to about the $1.85 area would be a great target to get into the trade. Price moving back below the downtrend line would make me reconsider my bullish thesis for IOTA and I would look to exiting the trade or drastically cutting the size of my position.
POI = point at which the trade is no longer valid = Close of price below the low made on Feb 6 2018 = ~$1.20
Using $1.85 as my trade entry point and $1.20 as the POI, risk - $0.65
Reward = Potential Profit = $4.02 – $1.85 = $2.17
Risk/reward ratio = ~3.4
Short tf (4hr) analysis of IOTA! Possible bull moveThe 3wave move in IOTA from a price high of $5.80 made on Dec. 19, 2017 to a price low of $1.20 (Feb. 6 2018) can be described as a WXY Elliott wave structure. IOTA will possibly move back up as a 3w move or an impulse move. Either scenario calls for a bull move in IOTA. I have indicated on the chart my price target area which is $1.85.
POI = Point at which this trade scenario is no longer valid = $1.20
The minimum target area for IOTA is between $4.02 and $4.23
Assuming the scenario above is IDEAL and prices deep quickly to the $1.85 area,
Risk on the trade = $1.85 - $1.20 = $0.65 cents
Potential Profit = $4.02 - $1.85 = $2.17
Risk/reward ratio = ~3.4
#IOTA Inverse H&S complete, +14% target next 24 hoursIOTA appears to be ready to take off after completing the Inverse Head & Shoulders formation. Looks like we'll also see a little throwback to the neckline before we move upward. Might be worth waiting a few hours before obtaining a position here in order to maximize gains.